Advanced Micro Devices, Inc. (NASDAQ: AMD) reported better-than-expected earnings for the second quarter of 2020 as revenues climbed 26%, mainly reflecting strong performance by the Computing and Graphics segment.
The top-line rose to $1.93 billion from $1.53 billion last year and came in above the Street view. Adjusted net income was $0.18 per share, compared to $0.08 per share a year earlier. The bottom-line also exceeded analysts’ forecast.
Net income, including special items, jumped to $157 million or $0.13 per share from $35 million or $0.03 per share in the second quarter of 2019.
Shares of Advanced Micro Devices closed Tuesday’s regular session lower, but made strong gains during the extended session following the earnings announcement.
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections. Global comparable store sales increased
Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search
Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,